Usd Coin Financial News

10.08 / 17:47

business Stablecoin Altcoin Circle Usd Coin Deal Circle preps $1B war chest to deal with market threats from PayPal and others

Stablecoin issuer Circle has a $1 billion cash reserve pegged as insurance against a declining market capitalization and fresh competition from the traditional finance and technology industries, said CEO Jeremy Allaire.

09.08 / 16:35

Ethereum Stablecoin Adoption Binance Tether Usd Coin Bitcoin reserves Binance drops majority of USD Coin reserves — Latest USDC news

In the most recent episode of The Market Report, analyst and writer Marcel Pechman delves into the topic of crypto exchange Binance’s proof-of-reserves. This report reveals a significant decline in USD Coin (USDC) balances, plummeting from $3.4 billion on March 1 to a mere $23.9 million by May 1.

09.08 / 16:35

business defi Hackers hacks Usd Coin Aave’s Earning Farm protocol targeted by reentrancy attack — PeckShield

Blockchain security firm PeckShield revealed fresh vulnerabilities targeting decentralized finance (DeFi) projects on Aug. 9. According to the firm, Aave’s Earning Farm has been compromised by a reentrancy attack, resulting in the theft of at least $287,000 worth of Ether (ETH).

09.08 / 16:35

Blockchain Adoption SEC Usd Coin Maple Finance secures SEC exemption for on-chain Treasury Pools

Blockchain institutional capital marketplace Maple Finance has secured an exemption from the United States Securities and Exchange Commission (SEC) to offer its one-month U.S. Treasury yields to accredited investors in the U.S.

08.08 / 05:07

Stablecoin Adoption Tether Circle Usd Coin Circle CEO: 70% of USDC adoption comes from outside the US

Circle CEO Jeremy Allaire estimates as much as 70% of USD Coin (USDC) adoption comes from countries outside of the United States.

01.08 / 06:21

business Stablecoin regulation coinbase Circle Usd Coin analysts US defense bill may be ‘problematic’ for USDC and stablecoins: Analysts

Circle’s USD Coin (USDC) and other stablecoins could potentially face a compliance nightmare if a new national defense bill that passed in the United States Senate makes it all the way.

21.07 / 03:33

business Stablecoin Binance SEC Tether coinbase Usd Coin CCData Stablecoin dominance slides as market cap falls to near 2-year lows: CCData

The market capitalization of stablecoins has hit the lowest level since August 2021 coming on the back of 16 consecutive months of decline, a new report says.

11.07 / 11:59

Blockchain Stablecoin CBDC Adoption regulation Usd Coin China could benefit from yuan stablecoin over its CBDC - Circle CEO

China has long since closed its doors to decentralized cryptocurrencies, but Circle CEO Jeremy Allaire believes that stablecoins could play a role in the proliferation of China’s digital yuan.

10.07 / 04:57

Stablecoin Adoption regulation Europe Tether European Union Usd Coin Lawyers MiCA's stablecoin transaction cap stifles crypto adoption, say lawyers

Stablecoin use could be "stifled" by daily transaction caps in the European Union's Markets in Crypto-Assets (MiCA) legislation, with some calling for the framework to be revised.

04.07 / 23:15

business Stablecoin Tether Usd Coin Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin

Crypto and blockchain advocates have authored a report calling for the Hong Kong government to issue a stablecoin pegged to the region’s dollar, which could challenge the dominance of Tether and USD Coin.

16.06 / 20:37

Blockchain Stablecoin defi Hackers hacks Usd Coin Curve pool imbalance triggers USDT depeg concerns: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

08.06 / 18:33

business regulation Circle Usd Coin Executive Circle hires former CFTC, US Treasury executive as chief legal officer

Stablecoin issuer Circle has loaded its arsenal to fight the ongoing regulatory crackdown on crypto. By July 1, the role of chief legal officer and head of corporate affairs will be filled by Heath Tarbert, a top attorney with a background in all three branches of the United States government.

06.06 / 22:03

markets Ethereum Stablecoin Tether Usd Coin Bitcoin Crypto traders avoid risk and shelter in stablecoins as the market reaches a turning point

On-chain analytics firm Glassnode published a report hinting that investors are rotating capital toward risk-off assets like stablecoins and Bitcoin. Technicals show that altcoins are at a crucial turning point between a positive and a negative breakout.

02.06 / 17:37

Stablecoin defi Tokens Banks Usd Coin Stablecoins are a critical countermeasure to Operation Chokepoint

Boosting financial inclusion is one of crypto’s strongest value propositions. Yet, ironically, the banking crisis has effectively de-banked the crypto industry itself, at least in the United States.

01.06 / 11:25

regulation Altcoin Tether Usd Coin Binance USD ATH Tether USDT regulatory Tether USDT market cap breaks ATH, Binance CEO points at regulatory caps

Tether-issued USDT (USDT) stablecoin broke past a new all-time-high market cap of over $83 billion as it continues its stablecoin market dominance.

28.05 / 17:47

business Stablecoin Altcoin Tether Circle Usd Coin Binance USD USDT market share jumps amid economic uncertainty, USDC shrinks

The market dominance of stablecoins pegged to the United States dollar has undergone some changes over the past year. While most of them are in a downward trend, Tether (USDT) has climbed back to its all-time high, data from CoinGecko shows.

19.05 / 10:47

Stablecoin Tether coinbase European Union IMF Usd Coin Future Stablecoin survival: Navigating the future amid global de-dollarization

It is an empirical fact that the United States dollar is continuing to lose its dominant role as the global reserve currency, but what might happen to the stablecoin market should it be superseded?

18.05 / 02:23

Blockchain CBDC Adoption Central Bank Usd Coin Australia marks first FX transaction using a CBDC as eAUD pilot continues

Australia has successfully made its first foreign exchange transaction using eAUD as part of a live pilot for the country’s potential central bank digital currency (CBDC).

11.05 / 06:49

Stablecoin Adoption regulation Tether Usd Coin Backed bail Fiat-backed stablecoins could be used to post bail in New York under proposed bill

A New York lawmaker has introduced a new bill that would see dollar-pegged stablecoins accepted as a legal form of payment for bail bonds.

11.05 / 06:03

business Stablecoin Circle Usd Coin National Debt reserves Circle reportedly adjusts USDC reserves to avoid US default risk

Stablecoin issuer Circle has reportedly adjusted its reserves treasury in an effort to reduce the risks of United States debt defaults.

10.05 / 20:39

business Stablecoin Adoption defi Tether Usd Coin reserves Tether has $1.5B in Bitcoin reserves: BDO Italia

BDO Italia's latest attestation report for Tether revealed that Bitcoin (BTC) made up approximately $1.5 billion of the stablecoin issuer's reserves, or roughly 2% of the total, at the end of the first quarter. The accounting firm did not list Bitcoin as a line item in previous reports.

what you should know about Usd Coin

What is Usd Coin and why is it important?

Usd Coin is a significant category that draws public attention. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on Usd Coin?

All new posts about Usd Coin can be found in the dedicated section. We publish information as it becomes available.

How can I verify the accuracy of information on Usd Coin?

We rely on trusted sources to ensure that the information about Usd Coin is accurate and helpful for our readers.